MAM
Garmin brings in Yeshudas Pillai as country head
Mumbai: Garmin India, the popular brand of smartwatches in the fitness and wellness segment, has roped in Yeshudas Pillai as the country head for its India operations. His appointment is in line with the company’s objective to drive growth and development of the brand. With this appointment, the brand wants to intensify its focus to reach a larger set of audiences, speed up growth initiatives, and elevate its brand positioning.
Pillai will be based in Delhi. In his new role, he will be driving stakeholder engagement, growth, and development of the brand in India. With over 16 years of experience, Pillai has worked for prestigious consumer electronics, consumer durables, FMCG, and premium lifestyle brands.
Garmin is looking at strengthening its presence in India and continues to grow by double digits. The brand aims to boost its business continuously in India.
Addressing the occasion, Garmin’s regional director of South-East Asia & India Sky Chen said, “At Garmin, we firmly believe in prioritising the needs of our consumers. We see great potential in the Indian market, where we’ve recorded 32 per cent YoY growth until Q3’22, as per Garmin Connect. Venu series from the wellness segment contributed the most, with a 65 per cent YoY growth till Q3’22 as per Garmin Connect.”
He added, “We have seen a growth in the preference for mid-high range ($300 and above) smartwatches over the last couple of years in India. Looking at this trend, we are bullish on the premium segment and plan to expand our offerings. Also, there is a sharp increase in the activity trend, where we see uptake in outdoor activities that resonate well with our product line. For Garmin, we see India becoming one of the top three markets in the Asia region in the next five years.”
Welcoming Pillai, Chen said, “Pillai’s multitude of experience and strong track record in the consumer space make him an integral part of our team and will further our vision for the Indian market. With his result-driven professionalism, we look forward to bringing in the required momentum to our business growth in India.”
Joining Garmin, Pillai quipped, “I have always been a great believer in innovation and technology and the potential it has to change the moving world. I am excited to join the Garmin team and accelerate its growth in India. I look forward to working with the Garmin global leadership team and providing strategic impetus for strengthening the company’s foothold in India. Our vision is to strengthen our presence across the country, where we aim to have more than 10 Garmin brand stores by the end of 2023.”
After setting the precedent with its quality and premium products, Garmin currently has brand stores in Delhi NCR, Bangalore, and Pune. By the end of 2023, the brand aims to expand its presence across markets by opening brand stores, which will also double up as service collection points. Garmin has been known for cutting-edge GPS navigation products for almost three decades. Some of the recently launched product offerings in India embody Garmin’s philosophy of offering users compelling design and superior quality at a competitive price. With an aim to strengthen its positioning across India, the brand will bolster its data monitoring mechanism with ‘Garmin Health API’.
Garmin aims to get closer to its diverse user community through new partners across markets to offer all the latest Garmin products, including the newly launched Venu SQ 2 and Forerunner 955 & 255 series.
Brands
FSS names Anand Krishnamurthi head of global digital delivery
Tech veteran to drive AI-first, cloud-led transformation in payments globally
CHENNAI: Financial Software and Systems (FSS), an AI-first payment infrastructure company, has appointed Anand Krishnamurthi as head of global digital delivery.
In his new role, Anand Krishnamurthi will lead FSS’s global digital delivery capabilities, focusing on AI-first and cloud-led transformation while ensuring predictable, high-quality outcomes for customers worldwide. He will be based in Chennai and report to V. Balasubramanian, CEO of FSS.
Bringing 28 years of experience in technology and digital transformation across banking, capital markets, financial services, and insurance, Anand has held senior leadership positions at Cognizant and NuSummit. He is recognised for scaling multi-geography delivery teams, leading mission-critical platforms, and embedding AI-driven automation in complex, regulated environments.
“What drew me to FSS is its deep payments expertise, strong product DNA, and the scale at which its platforms power real-world financial ecosystems,” said Anand Krishnamurthi. “I aim to strengthen delivery predictability, execution rigor, and engineering quality, building empowered teams that deliver measurable customer outcomes. FSS has a unique opportunity to create real-time, AI-infused payments infrastructure that is resilient, secure, and globally scalable.”
V. Balasubramanian added, “Anand’s track record in leading multi-geography delivery programs and AI-first operating models makes him the ideal leader for FSS as we accelerate our AI-driven digital payments business. His leadership will help us raise the bar for outcomes globally.”
This appointment is part of FSS’s broader push to build an AI-powered, cloud-native delivery organisation capable of meeting the evolving needs of banks, fintechs, and financial institutions worldwide.
